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SCHMID Group boosts 2026 order intake guidance after Q3 orders more than double to €67.8M

Market News
21 Oct 2026
GlobeNewsWire
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Bullish
SCHMID Group boosts 2026 order intake guidance after Q3 orders more than double to €67.8M

SCHMID Group reported a strong third quarter in 2026 with order intake more than doubling to €67.8 million, driven by a repeat order exceeding €37 million. Revenues for Q3 reached €24 million, with a nine-month total of €70 million. The company raised its full-year order intake guidance to over €150 million, up from an earlier range of €125-150 million, while maintaining revenue guidance above €100 million and an adjusted EBITDA margin of 6-9%. A significant new order supporting HDI manufacturing expansion in Malaysia also contributes to continued momentum into Q4.

SCHMID Group's third quarter 2026 business update provides context for industrial sector activity. For readers following Industrials, here is Pluang's market snapshot as of Oct 21, 2026 15:21 WIB: Among 135 priced Industrials-sector US stocks tradable on Pluang, 83 rose and 45 fell today. Notable movers include SPCX (SpaceX) at USD 161.66 with a 1-day change of +9.38% and Pluang order activity of 41% Sell / 59% Buy, BE (Bloom Energy) at USD 234.22 with +5.20% and 21% Sell / 79% Buy, and VRT (Vertiv Holdings Co) at USD 211.89 with +4.09% and 20% Sell / 80% Buy.

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